Thursday, August 14, 1980

New Braunfels Herald Zeitung

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New Braunfels Herald-Zeitung (Newspaper) - August 14, 1980, New Braunfels, Texas Thursday 1 Tdytof Communications 25 cents August 40 28 Pages 2 Sections USP3 377880 New Texas I Utilities gets pretty good deal on bonds Considering the market New Braunfels Utilities got a pretty good deal on its million worth of financial adviser Floyd Westerman said City Council at a special meeting awarded the bond bid Wednesday to a group of investors headed by Un Neuhaus and of That group sumbitted the bid with the lowest effective interest the four The Houston firm was the low bidder on last Februarys sale of million worth of Utilities The rate on that sale was in light of current market conditions which he termed Westerman indicated he wasnt disappointed with the Noting the Utilities badly needs the money to fund electric and sewer capital improvement Westerman said had the need not been so he might have considered advising council to reject all because he felt the in terest rate would go But that wasnt a sure he We dont know what the interest rate will Judging from the Westerman felt the city had received a representative bid from a crosssection of The net interest cost of the bonds will be The bonds will mature over a 22year Half of the proceeds will be used for electrical with the remaining half earmarked for In the February million was allocated to electrical with each going to water and A group headed by Rauscher Pierce Refsnes of Dallas bid the second lowest Hutton and of Houston headed the thirdplace which bid a rate of Trailing the pack was a group headed by the Dallas office of Dean Witter Rentals which bid an ef fective rate of Coupled with the February Wednesdays sale depletes the million worth of Utilities bonds approved by the voters in Voter approval must be secured before a future bond issue can be The two 1980 sales were the Utilities first since when worth of bonds maturing in 1994 were sold for an effective interest rate of Kennedy to support Carter reelection NEW YORK AP President Carter is launching his fall reelection cam paign today with the endorsement he sought so fervently from Edward Kennedy at least the party unity he needed to meet the twin challenges from Republican Ronald Reagan and independent John An I will support and work for the re election of President Kennedy said in a postmidnight perhaps even more than the declaration of was what Carter and his lieutenants wanted to hear to efforts to bring the Massachusetts senator aboard the after the long and bitter strugglefor the The oftenturbulent Democratic it was widely assumed Kennedy would seal his support with a closing ap pearance on the podium with the ticket he wanted to For Wednesday nights con vention session was a triumphant moment in his embattled presidency but one he was forced to share with his defeated As the roll call of the states was read for the presidential nomination the cheers often were louder for Kennedy than for When the heads of delegations called out their they consistently referred to Carter as the next president of the United For they used words like gallanteloquent The loudest cheer for Carter came with the formal renomination of Vice President Walter Mondale and the winners acceptance And while there was no definite Mondale signs and shouted and stomped about the floor as Carters wife his Lillian and other members of his family wat ched in Madison Square But the cheers of these unityhungry delegates grew into a roar of relief a few minutes later when House Speaker Thomas ONeill the convention interrupted the demon stration with a message from Kennedy I congratulate President Carter on his I endorse the platform of the Democratic ONeill read from the I will support and work for the reelection of President It is imperative that we defeat Ronald Reagan in liurge all Democrats to join in that effort the speaker And after midnight that Its 108 votes had put Carter over the he heeded for At the delegates waved Carter Chase culminates in death of one Three Comal County patrol units were involved last night in a highspeed chase of an escaped prisoner from Blanco County Jail in Johnson The county units were radioed bet ween and and joined Blanco County patrolmen in a chase exceeding 100 mph southbound on High way The David escaped Blanco County jail ap proximatley driving a sheriffs department Blanco County Sheriff Willie Haas Texas Highway Patrolman Ron McCoy was the first to intercept Morgan about a mile inside Blanco Nobody else was chasing A license and weight trooper named Finley was waiting on him in Spring He caught up with Finley and got around and passed a couple of other cars with his lights McCoy said A Comal County sheriffs Rudy joined the chase at Texas Highway sheriffs officials We were running about 100 miles an hour but it was pretty hopeless there was no chance of passing He sideswiped an unknown car near Cibolo and thats where I decided to shoot at McCoy McCoy said he fired at Morgans car eight times while driving behind him and managed to shoot out his rear A roadblock manned by Bexar County sheriffs deputies at FM 1604 failed to stop the and the DPS men were joined by the deputies and San Antonio police My car started to die on me at that and I dropped behind The other units followed us into through two stop still going 100 miles per the trooper The chase continued into San Antonio until Morgans vehicle reached West Avenue and Blanco where the vehicle involved three other cars in a One Elizabeth of San was killed in the He hit a Lincoln bounced off it and hit a Subaru and went up on top of Thats the vehicle in which the woman was Then he hit a Ford in the went through a private fence and was stopped by a utility Finley arrested him hed been right on his tail and I took him to Bexar County He had a bloody nose out of it Then I took him to SAPD where he was Morgan is being held at Bexar County where he is charged with capital murder in the traffic He had been held in Blanco County for more than three months in lieu of a bond for aggravated assault with a deadly McCoy That was only mostly A short time when the Min nesota delegation offered the traditional motion to make Carters nomination delegates There was a Delegates milled there was a stir in the Massachusetts delegation and Thomas the speakers son who had been Kennedys New England campaign asked for He told the delegates that he had just spoken with Kennedy and it is his wish in the interest of harmony and unity and success in 1980 that Carters nomination be made With a roar of the delegates acceded to Kennedys The platform adopted earlier in the day was the key to Kennedys en Carter had defeated Ken nedy with unexpected ease in a string of early By the end of the primary election the president had amassed more than the convention majority he needed for But Kennedy refused to Only after failing to defeat a rule that required delegates to abide by preconvention commitments did Kennedy give Carter had the votes and he was certain of keeping but he still didnt get them The rollcall vote on the nomination was for for Ken for Ronald Dellums of California and 51 for Inside Tom Loeffer speaks at GOP headquarters opening Stall pholo GOP presidential ticket a crusade BACK TO 112B TAKING Tom Loeffler Wednesday called the Republican Partys push to elect the Ronald ReaganGeorge Bush presidential ticket a Loeffler spoke to a gathering of local Republican officials and wellwishers Wednesday and cut the ribbon to open the new GOP headquarters About 25 of the party faithful jammed the 145 Landa to meet the 21st District Congressman on his third and last stop of a campaign swing through New Holding aloft a pair of Loeffler said they had a dual purpose These are also what I use to cut red tape with in he to the delight of his In a twominute speech before the Loeffler said a Republican administration would restore military supremacy so the nations of the world will know that our friends and allies will be rewarded while those that act against us can expect In an earlier Loeffler said America can only be secure and free of See Page WA Hurricane brought needed rains to state SANDERSON AP Terrell County Sheriff Dalton Hogg says Hurricane Allen may have brought death and misery to hundreds in the but it was good to the people in his isolated Southwestern We bate that they had trouble down but its been good for Ive been sheriff here for 20 and its the best rains Ive ever Everything about it has been Hogg said late The Haitian government said 67 people were killed when Allen raged through the Caribbean before it weakened near Texas and arced through South Texas into northern Two people drowned in Bill alter a helicopter inspection of the hurricane path through estimated the damage toll from the storm might hit million in Six Texas counties have been declared disaster areas and aid has been requested for three A claims office was set up in Corpus Christi Wednesday to provide claims service to insured Texans who lost property in the Disaster service centers were opened in Aransas Pass and Further into the Allen brought only muchneeded I drove 175 miles around the county and I havent seen any flooding at We got a real slow rain for two or three and the only part that raja off was what the ground couldnt be Hogg patrols Terrell which sits along the Rio Grande in the Big Bend of adjacent to the Mexican The county is 100 miles wide at one point and has square You couldnt draw a picture and get it any better than this rain has been for Hogg Hurricane Allen pushed into Texas 626 miles to the southeast near Brownsville in the Rio Grande Valley and became a tropical depression in south of touching off thunderstorms over a wide It looks like were pretty well over the We had no bad effects from the hurricane at It was a blessing to said Maggie McBeath of Eagle about halfway between Sanderson and I